Electricity

HOPS, Siemens sign EUR 5 million contract under Sincro.Grid project

Photo: Signing of the contract (HOPS)

Published

August 30, 2019

Country

Comments

0

Share

Published:

August 30, 2019

Country:

Comments:

0

Share

Croatian transmission system operator (TSO) HOPS and technology company Siemens have signed a contract on deploying a variable shunt reactor at transformer station TS 400/220/110 kV Melina, as part of the implementation of the EU-backed smart grid project Sincro.Grid, according to a press release on HOPS’ website.

The value of the contract to deploy the variable shunt reactor is HRK 36.5 million (about EUR 4.93 million), and the deadline to complete the works is 15 months.

The Sincro.Grid project has been developed though cooperation between Slovenian and Croatian TSOs and distribution system operators (DSOs), with the aim of resolving the challenges in power grid management and removing transmission bottlenecks, in what should ensure a certain level of security in the functioning of the two countries’ grids and create conditions for the intake of electricity from new renewable energy sources, HOPS recalled in the statement.

The contract was signed by Tomislav Plavšić, HOPS’ management board chairman, and Medeja Lončar, Siemens’ CEO for Croatia and Slovenia. Following the signature, Lončar said that the variable shunt reactor will be produced at power transformer factory Končar – Energetski Transformatori, majority owned by Siemens, according to a press release from Siemens.

EUR 40.5 million donation from EU to cover 51% of Sincro.Grid project cost

On May 22, 2017, Slovenia’s transmission system operator ELES, as Sincro.Grid project coordinator, signed a contract with the EU’s Innovation and Networks Executive Agency (INEA) on a EUR 40.5 million donation that should cover 51% of the project cost, Siemens recalled in a press release.

Sincro.Grid will integrate several innovative technologies to ensure that grids have the capacity to efficiently transmit electricity across the border between the two countries, while a new virtual cross-border control center will regulate the flow of electricity from renewable sources, according to a statement on the European Commission’s website following the signature.

The project will ensure that more energy can be generated by smaller, local power sources, and it will also increase energy storage capacity and improve the security of energy supply in the region.

Comments (0)

Be the first one to comment on this article.

Enter Your Comment
Please wait... Please fill in the required fields. There seems to be an error, please refresh the page and try again. Your comment has been sent.

Related Articles

Coal-power-plants-Bulgaria-cutting-production-losses-pollution

Coal power plants in Bulgaria cutting production amid losses, pollution breaches

29 March 2024 - Coal plants in Bulgaria have halved output as renewables and gas power are cheaper and due to CO2 emission costs and pollution control

Croatian Chamber of Economy lex specialis for renewables position paper

Croatian Chamber of Economy asks for lex specialis for renewable energy sector

28 March 2024 - The Association for Renewable Energy Sources produced a position paper identifying obstacles and possible solutions

romania delgaz hydrogen 20HyGrid

Romania successfully tests blending hydrogen in natural gas distribution grid, households

28 March 2024 - E.ON Romania declared success in its test of blending hydrogen into the gas network and using the mixture in households.

IRENA-Global-solar-power-capacity-surpasses-hydropower-in-2023

IRENA: Global solar power capacity surpasses hydropower in 2023

28 March 2024 - The world's renewable electricity capacity additions in 2023 hit a record 473 GW, dominated by China. Solar power became the largest segment in total.